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Slackening demand for power a concern

By The Hindu BusinessLine
July 25, 2017

Sujoy Ghosh, Country Head, First Solar India and part of world's leading solar module supplier First Solar Inc with a capacity of over 3 giga watt, believes the country’s solar sector is poised for rapid growth. “The issue of slackening demand for power seems to be a concern for new capacity addition. The recent tariffs show developers are happy with single digit internal rate of return. One will have to watch how this works out,” he said. Ghosh takes through various issues relating to the solar power sector in the country. Excerpts: